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A new factory in Georgia is set to play a key role in the United States' efforts to reduce China's control over semiconductor production. Absolics, a subsidiary of South Korean conglomerate SK Group, has completed the construction of its Covington factory, which will produce glass substrates used in semiconductor production. The U.S. currently only produces about 10% of the world's computer chips, with China and other Asian countries dominating the market. In response to this, the Biden administration has provided up to $75 million in funding to support the development of Absolics' factory. The facility is expected to open by September and will employ around 200 local workers. The company's technology, developed in partnership with a former Georgia Tech professor, will allow for more chips to be packaged onto a single device while using less energy. While the substrates will be manufactured in Georgia, they will be shipped to Asia for final assembly into semiconductors. The factory is expected to pave the way for further domestic chip manufacturing in the U.S.
